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Jan 27, 2013
01/13
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there is no question that the government wastes a lot of money. people are upset every time they hear of a tax increase . people right now should know that the government spent hundreds of billions wasted on war. try to give them more and the issue of waste is a huge issue . it needs to be -- >> the good congressman said they waste a lot of money in dc but give them more because they need it. >> that's the problem. in the state of california. two percent of the top earners may paying half of the state taxes. half of california is paying no taxes at all . they are griping about the raise in taxes the most. jerry brown is cheering on mediocritty and chase guys like phil mickleson. when you chase those top earners out of the state. they are no longer buying . the cost of raising taxes is a killer on the state that bankrupt. >> good choice. >> anybody remember that we have a big old national debt and the feds just crossed three trillion. no one knows how to balance a checkbook in washington d.c.. i am so sick and tired of them taking more of my money
there is no question that the government wastes a lot of money. people are upset every time they hear of a tax increase . people right now should know that the government spent hundreds of billions wasted on war. try to give them more and the issue of waste is a huge issue . it needs to be -- >> the good congressman said they waste a lot of money in dc but give them more because they need it. >> that's the problem. in the state of california. two percent of the top earners may...
133
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Jan 27, 2013
01/13
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government doesn't compete. they raise taxes. private sector where business is up to compete on the price of the product. unions make companies less competitive. >> what does it say about unions. they used to represent . people were proud to put the union label on the product. is that still true, steve? >> no, all you have to do is lookk at detroit and the legacy and companies that went in to right to work states and they paid competitive wages and did well in a normal economy and the unions outlived their usefulness. >> rick, do unions have a pr problem and have to say go back to basics and say we make better products. >> they do have pr problems but a healthy chunk of that is the effort to discredit them and it took root. >> hold on, emac. it is not hard to discredit richard trunka who? in my eyes was like a thug. look what he did in the united mines. the folks perception is that they are thugs and not helping the union membership. >> their rhetoric goes in hyper drive and profoundly irerational of the things that unions are sa
government doesn't compete. they raise taxes. private sector where business is up to compete on the price of the product. unions make companies less competitive. >> what does it say about unions. they used to represent . people were proud to put the union label on the product. is that still true, steve? >> no, all you have to do is lookk at detroit and the legacy and companies that went in to right to work states and they paid competitive wages and did well in a normal economy and...
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Jan 26, 2013
01/13
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we have a problem in that the governing e leets in large part, not just in government, but outside of government as well focused on boutique issues that really are not relevant to the immediate and serious economic hardships that many americans face right now, and i think we got to get the priorities in order. if you have a growing economy, and you're doing well, and people are prosperous, you have the resources to tackle every problem that's out there including environmental problems. when the economy is shrinking or growing weakly, you don't have the resources to tackle any of the other problems, and, frankly, environmental quality is the worst in poor countries. this is true historically as well as internationally. you got to get the economics right first before you afford the luxury of environmental protection. liz: climate change work a luxury, what do you think? >> well, no, nine out of the ten hottest years on record have been since 2000 globally. this is is a problem now. liz: what do you think? >> it's not a problem now. right now, i want to see the government focusing on get
we have a problem in that the governing e leets in large part, not just in government, but outside of government as well focused on boutique issues that really are not relevant to the immediate and serious economic hardships that many americans face right now, and i think we got to get the priorities in order. if you have a growing economy, and you're doing well, and people are prosperous, you have the resources to tackle every problem that's out there including environmental problems. when the...
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Jan 28, 2013
01/13
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governments are in these money market funds. it matters very much what happens to them. >> you're absolutely right, gerri. i explained this to someone the other day, and he said the cure is worse than the disease. that sums it up. the money funds are safe, okay? they are not guaranteed, but they are very safe breaking the buck with the frequency of haley 's comet. this causes institutions to put money elsewhere has a detrimental effect because companies rely on being able to issue short term debt in the money market so that they can buy inventory, meet payroll, and that's why they stabilized the money funds back in 2008 to begin with which, by the way, didn't cost taxpayers a dime. gerri: bringing you to the topic now, which is, you know, okay -- other people, you know, people who support this would say at the end of the day the government doesn't have to stand behind the funds. taxpayer dollars at risk. who is right? >> well, when all is said and down, money flows where it's treated best, and when you start puts fees and regula
governments are in these money market funds. it matters very much what happens to them. >> you're absolutely right, gerri. i explained this to someone the other day, and he said the cure is worse than the disease. that sums it up. the money funds are safe, okay? they are not guaranteed, but they are very safe breaking the buck with the frequency of haley 's comet. this causes institutions to put money elsewhere has a detrimental effect because companies rely on being able to issue short...
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Jan 22, 2013
01/13
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this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth alliance has members like the world bank, deutsche bank, any number, ge can hsbc as members. these big companies who went to up the bus in their expensive airlines to my drinking champagne, and they're telling us what to do with our taxpayer dollars. it just makes me angry, and i think what is the fairness and that? >> there is no fairness. and it is something, the occupy wall street and the partnership agreement among corporate welfare. these huge companies are really pigs at the trough when it comes to a taxpayer money, and does not matter how big or small the company. there is money to be had these companies going to go after it. we side with the cap in trade, jus
this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and back, this green growth alliance has members like the world bank, deutsche bank, any number,...
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Jan 26, 2013
01/13
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the government needs to do it's number one job and protect the national security. without national security there is no bill of rights, no summers in nantucket, nothing without our national-security. giving a proprietary technologies which put our military and the disadvantaged is no way to protect the national security. lou: thank you for being here. thank you for what you're doing. an important role with the strategic materials advisory council. we thank you and the court to talking with the san. >> have a great weekend. lou: you, too. the president's energy policy will take up next the "a-team". stay with us. a massive pro live demonstration in the nation'n's capital today the same week as the 40th anniversary of roe v wade. why is the liberal mainstream media at ignoring the march for life. our next guest is best-selling author brad meltzer, for president assassinated. a killer recreating the crimes of the diabolical plan,'s from the mind of meltzer who tells us about his new book, the fifth, assassin. ♪ all systems go for the obama administration's liberal s
the government needs to do it's number one job and protect the national security. without national security there is no bill of rights, no summers in nantucket, nothing without our national-security. giving a proprietary technologies which put our military and the disadvantaged is no way to protect the national security. lou: thank you for being here. thank you for what you're doing. an important role with the strategic materials advisory council. we thank you and the court to talking with the...
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Jan 21, 2013
01/13
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government, right, the american recovery act. now the next stage of this is that the consumer and the private sector have to pick up. the question you really asked is unemployment, will it start to go lower? >> i think you will start to see gradual decrease in the unemployment rate. david: thank goodness. >> for an investor, you have two scenarios where you can make money, an aggressive strategy and a conservative one. can you take us through them? >> sure, absolutely. on the aggressive growth strategy, someone that does not need a fixed income portfolio, consider having some money in the emerging markets, also like the previous guest may have mentioned, gold also is perhaps a nice inflation hedge, if you do start to see a reacceleration of inflation. and also large cap, large cap growth as well as large cap value should always -- should be overweight in one's portfolio. david: and more conservative would be? >> more conservative would be rough about 35% in equities and gold with 65% in u.s.-based debt, either it be corporate deb
government, right, the american recovery act. now the next stage of this is that the consumer and the private sector have to pick up. the question you really asked is unemployment, will it start to go lower? >> i think you will start to see gradual decrease in the unemployment rate. david: thank goodness. >> for an investor, you have two scenarios where you can make money, an aggressive strategy and a conservative one. can you take us through them? >> sure, absolutely. on the...
68
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Jan 29, 2013
01/13
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march up steadily and a windfall of money that the government because one asset they can keep. cheryl: it is not the baby stroller company? >> they have baby strollers, but this is a different company. cheryl: it does the spray painting. >> and lubrication on equipment, that is what contractors want. you got the name right. i was on a conference call. that is why the stock is up reported better-than-expected earnings. but you can make 50% in three or four years in the stock. cheryl: this one we love, sausage. wilshire farms. just so people know he came in here yammering. why do you love it? >> essentially i like things that are easy for me to understand. sausage, jimmy dean read phil scheier brand foods spun off, and i find companies splitting up, but when they split up an entity can we find out what is attractive. driving the price down which will then go up, you have to live through that. the management focusing on fundamentals. it was probably the odyssey. only 900 bc. i was there. the hands-on research. cheryl: do you have a stock you think is your best in the past five yea
march up steadily and a windfall of money that the government because one asset they can keep. cheryl: it is not the baby stroller company? >> they have baby strollers, but this is a different company. cheryl: it does the spray painting. >> and lubrication on equipment, that is what contractors want. you got the name right. i was on a conference call. that is why the stock is up reported better-than-expected earnings. but you can make 50% in three or four years in the stock. cheryl:...
94
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Jan 24, 2013
01/13
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, the new government. and we have probably to reduce our deficit quite significantly, our budget deficit. so it will be tough. but, any government coming in which can put the budget in shape for three or four years would be well-sized to do that. liz: you are surrounded by enemies in many regards. it is always a worry with arab nations who at least some of them don't want to see israel succeed. plus now with iran you have got that situation. there is tension in algeria. what happened in iraq, benghazi. you know, how worrisome has that become? and does it affect any of the decisions you make at the central bank? >> well the, the fact that the security situation around us is changed, for the worse, in many ways, obviously affects the way the government behaves and will, has affected the defense budget. that is something we just have to taken into account. israel has been pretty successful in maintaining peace within the borders of israel. when i say pretty successful, i mean very successful. one feels safe i
, the new government. and we have probably to reduce our deficit quite significantly, our budget deficit. so it will be tough. but, any government coming in which can put the budget in shape for three or four years would be well-sized to do that. liz: you are surrounded by enemies in many regards. it is always a worry with arab nations who at least some of them don't want to see israel succeed. plus now with iran you have got that situation. there is tension in algeria. what happened in iraq,...
139
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Jan 25, 2013
01/13
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easy to buy government bonds. they're taking money from the private sector, financing the government, starting the job creators of our economy. david: not very efficient. tomorrow at 11:00 a.m. on fox news. overview. >> coming up, building a stronger portfolio by adding some real estate. find out where someone with a multi-billion dollars invested in real estate is seeing opportunity. and up next, expected of those. the prime minister of haiti tells liz the import rules the private sector is playing in his country's recovery. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious
easy to buy government bonds. they're taking money from the private sector, financing the government, starting the job creators of our economy. david: not very efficient. tomorrow at 11:00 a.m. on fox news. overview. >> coming up, building a stronger portfolio by adding some real estate. find out where someone with a multi-billion dollars invested in real estate is seeing opportunity. and up next, expected of those. the prime minister of haiti tells liz the import rules the private sector...
105
105
Jan 28, 2013
01/13
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eye 105
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the company by government the cuts at the end of march. a barge carrying 80,000 gallons of oil crashed in the mississippi river. it spread light crude on the riveriver for some waterway to e for 8 miles in both directions. google+ the larges second larget social network behind facebook. facebook had 693 million active users followed by google+. youtube and twitter took third and fourth place. general motors announced a $600 million investment into the fairfax assembly plant. construction taking two years to complete and will increase the footprint by 15%. david: you were this close. we shall try again tomorrow. when you are the boss and it is your money on the line, you can't afford to have any false hopes about the economy, you have to be absolutely realistic if it makes sense to expand in an economy that never fully recovered since the last recession. he liked to have folks take a chance to expand despite the bad news despite the risk. that friedman, and ceo of checkers and rallies. between these guys we have about 1000 restaurants liste
the company by government the cuts at the end of march. a barge carrying 80,000 gallons of oil crashed in the mississippi river. it spread light crude on the riveriver for some waterway to e for 8 miles in both directions. google+ the larges second larget social network behind facebook. facebook had 693 million active users followed by google+. youtube and twitter took third and fourth place. general motors announced a $600 million investment into the fairfax assembly plant. construction taking...
109
109
Jan 28, 2013
01/13
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eye 109
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we do not want the state government making this decision. the law is very simple. did you do what a reasonably prudent company or person would do? if you did, you are okay. if you did not, you are not okay. stuart: the owner of the car for the maker? >> all of them. if the computer goes on the fritz and the car in the middle of 5:00 o'clock traffic start smashing into pedestrians, then absolutely you would have a claim against the computer manufacturer. stuart: okay. in this instance that mark, i think that is entirely legitimate. >> the lawyers will be there to make sure they are safe or not put them on the road until they are. stuart: one third of what you went plus expenses. a $10 million settlement puts 5 million in your pocket. >> no. stuart: special witnesses on your side of the fence. >> all of the expenses that we incur that the other side anchors. i tell you this, nobody i represent will get 50% representation. charles: let's say i am in a really serious car accident. i give you 30% for representing me, 30% to the hospital and if i win anything, 30% to the
we do not want the state government making this decision. the law is very simple. did you do what a reasonably prudent company or person would do? if you did, you are okay. if you did not, you are not okay. stuart: the owner of the car for the maker? >> all of them. if the computer goes on the fritz and the car in the middle of 5:00 o'clock traffic start smashing into pedestrians, then absolutely you would have a claim against the computer manufacturer. stuart: okay. in this instance that...
143
143
Jan 21, 2013
01/13
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should be governed and should govern itself. i would almost characterize it as something along the lines of a response to what we heard from president reagan in 1981 when he said government is not the solution to our problems, it is the problem. president obama making the case that the government is not necessarily our problem. together we could do great things. together we could take care of the elderly. together we can create a health care system for those who may not be able to afford it. very much discussing ways about how there should be some in society you don't have all or should not be some in society you have all at the expense of all others. he made and not to climate change, something that he had not necessarily highlighted or focused on in his first demonstration. moving forward in tackling debt and deficits, he did talk about tax reform. talk about slowing the growth of these expenses, but still no change in his governing philosophy, if not impassioned defense of his governing philosophy. we have heard from democrat
should be governed and should govern itself. i would almost characterize it as something along the lines of a response to what we heard from president reagan in 1981 when he said government is not the solution to our problems, it is the problem. president obama making the case that the government is not necessarily our problem. together we could do great things. together we could take care of the elderly. together we can create a health care system for those who may not be able to afford it....
125
125
Jan 23, 2013
01/13
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he stepped up and accepted responsibility from that and that shouldn't be a refreshing novelty in government or business but right now it is. cheryl: i had to ask because the decision calibers make and resistance you make are also market-moving frankly. joe rear, chief investment officer. we will be watching, thank you for being here. closing bell going to ring, 49 minutes to go. doctors -- you know why -- patients of the flu, i don't know. at night is turning to an interesting source what comes to getting the latest information on the outbreak. liz claman gets the game plan for the flu season straight from the chairman and ceo in davos, some bold statements on health care spending coming up next as "countdown to the closing bell" role on. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-
he stepped up and accepted responsibility from that and that shouldn't be a refreshing novelty in government or business but right now it is. cheryl: i had to ask because the decision calibers make and resistance you make are also market-moving frankly. joe rear, chief investment officer. we will be watching, thank you for being here. closing bell going to ring, 49 minutes to go. doctors -- you know why -- patients of the flu, i don't know. at night is turning to an interesting source what...
112
112
Jan 24, 2013
01/13
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eye 112
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government has to take reality down the road. it has borrowed against the credit of the young and the future. meanwhile, consumers have deleveraged. they have saved a considerable amount of cash despite low interest rates. now, they are frustrated about a recession. they have negative interest rates and attempted to buy a new car. the attempted with new families to buy new housing. things are picking up, in that respect. that is good. connell: first of all, and the jobless claims, some of this may be seasonal. we may pay for this, so to speak. on your point about consumer spending, i wonder why people are more confident and they are not thinking about the issues and washington. do people just not care about that? certainly, they must care about their paycheck. isn't it discouraging to a lot of people to have smaller paychecks? >> that is a very interesting thing you say. i totally agree with you. i did not say confident. they are prepared to spend. i think that is a big danger. masses of money being pushed into the system. we are
government has to take reality down the road. it has borrowed against the credit of the young and the future. meanwhile, consumers have deleveraged. they have saved a considerable amount of cash despite low interest rates. now, they are frustrated about a recession. they have negative interest rates and attempted to buy a new car. the attempted with new families to buy new housing. things are picking up, in that respect. that is good. connell: first of all, and the jobless claims, some of this...
288
288
Jan 24, 2013
01/13
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government, we really don't deserve. if this had been a commercial enterprise, companies such as nasdaq or general motors and acted the way the u.s. government did with respect to the last debt ceiling debate we would be downgraded to junk. i think it is important for the u.s. government to act responsibly to earn a ratio, a rating that is proper. i would be concerned about downgrades. liz: what a difference a year makes. the last time you and i were sitting here in davos, switzerland, you were teaming up with the intercontinental exchange to make a $11 billion bid for nasdaq, for nyse of course. >> right. liz: here we are a year later and that partner, ice, partnered with the nyse to merge. >> yes. liz: when you heard about that, did that give you a pit in your stomach? what did you think about that? >> no. i certainly wasn't surprised. in the year value of nyse ice declined and when they bid was not much more than they could bid for the whole asset. it was clear the acquisition is good for the nyse shareholders. i also
government, we really don't deserve. if this had been a commercial enterprise, companies such as nasdaq or general motors and acted the way the u.s. government did with respect to the last debt ceiling debate we would be downgraded to junk. i think it is important for the u.s. government to act responsibly to earn a ratio, a rating that is proper. i would be concerned about downgrades. liz: what a difference a year makes. the last time you and i were sitting here in davos, switzerland, you were...
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936
Jan 29, 2013
01/13
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march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that could shut down the federal government. you're looking at debt ceiling all the way on may 18th. congressional aides saying treasury is telling them pause of extraordinary measures they can use, this pushes the debt ceiling day back to sometime this summer perhaps if this is a bill that clears congress and the senate is going to consider it the next couple of days and likely it does pass of the because the debt ceiling is pushed off and the next real fast deadline is march 27th, that government spending deadline, analysts say that increases the likelihood of a government shutdown. >> take off the worst-case scenario elements of this what could be a worst-case scenario by removing the debt ceiling essentially. have just a good ol' fight on spending. and you know, with those kind of ground rules the markets can continue to recover and that would be best for everybody. >> now republican and democratic leaders are not threatening to shut down the gove
march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that could shut down the federal government. you're looking at debt ceiling all the way on may 18th. congressional aides saying treasury is telling them pause of extraordinary measures they can use, this pushes the debt ceiling day back to sometime this summer perhaps if this is a bill that clears congress and the senate is going to consider it the next couple of days and likely it...
1,058
1.1K
Jan 28, 2013
01/13
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government officials say the $51 billion project will create at least 100 thousand jobs. critics say the plan is way too expensive for the money better spent elsewhere. so, it is one of those questions of infrastructure. you know you talk about it in this country too. the train systems could really do upgrading in the u.k. no doubt about that. tracy: here too. imagine if we had a high-speed train to florida? ashley: right about now would be good. get out of the snow and cold. tracy: that would be great. ashley: down to miami in an hour and a half? like 500 miles an hour. tracy: well, better than the flights these days. ashley: yeah. anything to keep you out of the --. tracy: exactly. every 15 minutes we check on the markets. nicole petallides on the floor of the exchange. i know you would like a high-speed rail system, don't you? >> are you teasing me? send me to miami in no time at all? all right. you know it is freezing in new york and i would take it. let's talk about names on the move. the first is hess. this is something that was talked about the minute i walked in h
government officials say the $51 billion project will create at least 100 thousand jobs. critics say the plan is way too expensive for the money better spent elsewhere. so, it is one of those questions of infrastructure. you know you talk about it in this country too. the train systems could really do upgrading in the u.k. no doubt about that. tracy: here too. imagine if we had a high-speed train to florida? ashley: right about now would be good. get out of the snow and cold. tracy: that would...
160
160
Jan 23, 2013
01/13
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the potential for the federal government to shut down. i think many people underestimate the significance of the federal government as a part of, you know, what drives the u.s. economy. melissa: so what could they be doing you think to make things better? what could turn things around from a trucking perspective? >> i think in recent history, anytime our leaders here in washington make, you know, get a decision made, even if it is not what everybody likes or agrees with, the more certainty there is in the business community, the more likely we are to see investment and people making plans about moving forward. i mean i think it is too early to tell how consumer sentiment and consumer behavior is going to be impacted by the, by the tax increases. i mean everybody saw the 2% hit on the payroll tax expiration, what, a little less than 1% on the health care costs. so, we just don't know yet. that impacts us directly because we move a the of retail goods by truck. melissa: but, you know a lot of people out there think that the economy is getti
the potential for the federal government to shut down. i think many people underestimate the significance of the federal government as a part of, you know, what drives the u.s. economy. melissa: so what could they be doing you think to make things better? what could turn things around from a trucking perspective? >> i think in recent history, anytime our leaders here in washington make, you know, get a decision made, even if it is not what everybody likes or agrees with, the more...
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56
Jan 29, 2013
01/13
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it is a government run company they do not have a free press. if there is an oil spill, the media will not talk about it. even if they do, they will not talk about it. environmental responsibility, you bet. we use our oil resources for peaceful purposes. treatment of workers, you work and make 150 grand a year as a welder. finally, human rights. in many opec countries like saudia arabia and iran, women are not even allowed to vote. they hang gays by the thousand. they stone people to death. it is just a different ethical character. i think it should be built for economic reasons. to my liberal friends, i would say, live up to your values. connell: ezra, thank you. we will have you on again. more people ready to place new beds in the market. the old safe haven taking a hit today. sandra smith talking gold. first, some winners today on the nasdaq. ♪ all stations come over to mission a for a final go. no go call. this is for real this time. we are on step seven point two one two. we have entered our two minute hold. cabin venting has been inhibit
it is a government run company they do not have a free press. if there is an oil spill, the media will not talk about it. even if they do, they will not talk about it. environmental responsibility, you bet. we use our oil resources for peaceful purposes. treatment of workers, you work and make 150 grand a year as a welder. finally, human rights. in many opec countries like saudia arabia and iran, women are not even allowed to vote. they hang gays by the thousand. they stone people to death. it...
196
196
Jan 23, 2013
01/13
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eye 196
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it really was changing the way government collects taxes. it broadened the tax base dramatically and it lowered tax rates. we had almost every democrat to vote with us in 1986. i think it was 97-three in the senate. that is bipartisan. i am really hoping congress can do that going forward. dagen: it was great to talk with you. be well. connell: jamie dimon is at the world economic forum. he has been taking on his critics are what he calls bad legislation. dagen: apple. the company reports after the bell today. we will set the stage on what you can expect to hear from the tech giant. will you be disappointed? take a look at oil today. it is slightly lower. $96.50 a barrel. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a
it really was changing the way government collects taxes. it broadened the tax base dramatically and it lowered tax rates. we had almost every democrat to vote with us in 1986. i think it was 97-three in the senate. that is bipartisan. i am really hoping congress can do that going forward. dagen: it was great to talk with you. be well. connell: jamie dimon is at the world economic forum. he has been taking on his critics are what he calls bad legislation. dagen: apple. the company reports after...